The Weekly FX Navigator (4 August 2021): An update on the Antipodeans (AUD, NZD)

04/08/2021 3 min
The Weekly FX Navigator (4 August 2021): An update on the Antipodeans (AUD, NZD)

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Episode Synopsis

In this episode, we focus on the AUD and NZD, comparing their central bank policies, economic performance and sensitivity to risk-off sentiment. We have a preference for the NZD over the AUD in the near-term as the RBNZ remains one of the more hawkish central banks around. Hence, we believe AUD/NZD could see more downside in the coming weeks.Speaker:DJ Cheong, Investment Strategist, Standard Chartered Bank